Archive for Adoption
Although the Directive 2014/55/EU mandates all EU public administrations e-invoicing as of 27 November 2018, the level of preparation across Europe differs significantly.
Read MoreEuropeanCEO magazine interviewes Richard Hurwitz, CEO of business transaction experts Tungsten Network. Why? Because, according to a businessadvice.co.uk report, paying invoices on time doesn’t seem like too much to ask. But in Europe, more than 40 percent of invoices are processed late.
Richard Hurwitz explains in this interview how one client organisation has been able to speed up its invoice processing time to a fifth of what it was, and reduce its error rate to just 0.25 percent. He also talks about the growth in invoice financing as an alternative source of funding for SMEs, and other value-added applications in the automated accounts payable space.
No, it’s not Walmart. And it’s not Exxon Mobile or Berkshire Hathaway either. The world’s largest buyer of goods and services, the U.S. Federal Government, has officially climbed aboard the e-invoicing bandwagon.
Read MoreAcceptEmail provides valuable marketing, upsell and cross-sell opportunities at the optimal point in the payment process providing an extremely efficient, highly effective and frictionless customer journey for Salesforce users.
Read MoreAs of next January, mandatory B2G e-invoicing will affect large companies as well as central and regional official bodies. The process will continue gradually until 2020, with the incorporation of small and medium-sized companies.
Read MoreJoin Basware on Thursday 22nd September and hear from e-invoicing expert, Stephen Carter, as he dispels the myths around what true electronic invoicing really is.
Read MoreMandates are now in place within the NHS for all suppliers to trade electronically. Please sign up for this free seminar at Kings Cross Station to learn more about the mandate, PEPPOL and how to comply with it!.
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European e-invoicing service providers report a significant growth of 27% and over 1 ¼ billion processed e-invoices in 2015.
1 252 million electronic invoices were processed and delivered in 2015 by members of the European E-Invoicing Service Providers Association (EESPA), based on a set of survey results completed in July 2016. This represented a significant growth of 27 per cent over 2014 volumes of 985 million.
This e-book illustrates how to onboard suppliers with e-invoicing as part of a smart invoice project, and suggests a possible approach to achieve sustainable e-invoice adoption.
Read MoreThe global focus on curbing tax fraud is shifting into high gear, as reporting deadlines under the OECD’s new Common Reporting Standard draw nearer. Three separate requirements, in particular, are paving the way for a more comprehensive global initiative set to take effect next year: FATCA, CDOT and FEI.
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